The board of California Software Company on Friday approved a joint venture proposal submitted by Infinia solutions and Services to launch ICO, 'i-Cryptocurrency' and ‘i-Digital Tokens and Coins'.
Infinia, which is a full-service loyalty solutions company, touches 120 million end-consumers and serves 23 enterprise customers
The filing said these proposed digital tokens would be consumed by customers as well as merchants in the Infinia loyalty ecosystem.
"The total investment required for creation of the platform and to launch the tokens on blockchain technology would be invested by California Software Company," the filing said